Gakkyusha Co (TSE:9769) Days Inventory : 3.66 (As of Dec. 2023)

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What is Gakkyusha Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gakkyusha Co's Average Total Inventories for the three months ended in Dec. 2023 was 円85 Mil. Gakkyusha Co's Cost of Goods Sold for the three months ended in Dec. 2023 was 円2,117 Mil. Hence, Gakkyusha Co's Days Inventory for the three months ended in Dec. 2023 was 3.66.

The historical rank and industry rank for Gakkyusha Co's Days Inventory or its related term are showing as below:

TSE:9769' s Days Inventory Range Over the Past 10 Years
Min: 2.78 Med: 3.27 Max: 4.25
Current: 3.39

During the past 13 years, Gakkyusha Co's highest Days Inventory was 4.25. The lowest was 2.78. And the median was 3.27.

TSE:9769's Days Inventory is ranked better than
70.06% of 157 companies
in the Education industry
Industry Median: 8.13 vs TSE:9769: 3.39

Gakkyusha Co's Days Inventory increased from Dec. 2022 (3.02) to Dec. 2023 (3.66). It might indicate that Gakkyusha Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gakkyusha Co's Inventory Turnover for the three months ended in Dec. 2023 was 24.94.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Gakkyusha Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.02.

Gakkyusha Co Days Inventory Historical Data

The historical data trend for Gakkyusha Co's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Gakkyusha Co Days Inventory Chart

Gakkyusha Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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3.96

4.25

3.85

3.18

3.11

Gakkyusha Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															3.02	3.30	3.43	3.04	3.66

Competitive Comparison of Gakkyusha Co's Days Inventory

For the Education & Training Services subindustry, Gakkyusha Co's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gakkyusha Co's Days Inventory Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Gakkyusha Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Gakkyusha Co's Days Inventory falls into.

Gakkyusha Co Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Gakkyusha Co's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (63.373	+	74.819)	/	2 )	/	8109.41	*	365
=	69.096					/	8109.41	*	365
=	3.11

Gakkyusha Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (78.951	+	90.767)	/	2 )	/	2116.505	*	365 / 4
=	84.859					/	2116.505	*	365 / 4
=	3.66

Gakkyusha Co (TSE:9769) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Gakkyusha Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2116.505	/	84.859
	=	24.94

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Gakkyusha Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	84.859	/	3780.464
	=	0.02

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Gakkyusha Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Gakkyusha Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Gakkyusha Co (TSE:9769) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Gakkyusha Co Ltd (TSE:9769) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-7-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163 0722

Website

http://www.gakkyusha.com

Gakkyusha Co., Ltd manages and administers middle schools, high schools and universities.

Gakkyusha Co (TSE:9769) Headlines

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